Cuomo's Latest Target: Bank Bonuses

Michael Terry submits:In the Wall Street Journal this AM:New York Attorney General Andrew Cuomo said Monday that his office has requested information from the nation's largest banks and Wall Street firms on their compensation and bonus plans for fiscal-year 2009.Complete Story »

Related

Airbnb on Tuesday sent the New York state attorney general information on 107 hosts in the New York area, a source familiar with the case told Business Insider. These are people who have multiple listings on Airbnb that the AG suspects may violate hotel laws.

In the heat of the West Indian Day parade in Brooklyn on Monday, Columbia law professor Tim Wu stumbled into New York Gov. Andrew Cuomo (D). It was awkward. "He gave me this funny look and he kind of looked into the distance. It was a strange moment," Wu recalled in an interview with Business Insider the next day. "I felt as if I was an illegitimate child or something who had suddenly shown up out of nowhere."

There’s been yet another development in the ongoing battle between Airbnb and the state of New York, with the online home rental service agreeing to turn over some data about its customers to the state’s Attorney General, but not to the extent that a subpoena from the AG’s office had originally sought.

It seems the blatant unveiling of the HFT market's Holy Grail trading - Virtu (1 loss in 1238 days) - has raised some attention as Bloomberg reports, NY AG Eric Schneiderman has opened a broad investigation into whether U.S.

(Reuters) - New York Attorney General Andrew Cuomo, probing illegal marketing and sales of auction rate securities (ARS), is likely to file a lawsuit on Monday against Charles Schwab Corp for civil fraud, the Wall Street Journal said, citing people familiar with the matter.

The New York attorney general is preparing a lawsuit against Wells Fargo for disregarding the terms of a multibillion-dollar settlement that was meant to stop foreclosure abuses. The bank is the nation’s largest home lender. The lawsuit, expected to be filed early Wednesday according to the New York Times, says that the bank didn’t comply with the servicing standards laid out by a broad deal between five of the nation’s largest banks and 49 state attorneys general last year.

The New York attorney general is preparing a lawsuit against Wells Fargo for disregarding the terms of a multibillion-dollar settlement that was meant to stop foreclosure abuses. The bank is the nation’s largest home lender. The lawsuit, expected to be filed early Wednesday according to the New York Times, says that the bank didn’t comply with the servicing standards laid out by a broad deal between five of the nation’s largest banks and 49 state attorneys general last year.